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Foundation Lookup

Form 990-PFTax year 2025EIN 81-4970648

Alchemist Foundation Inc

A private foundation in Waterbury, VT. Its return for tax year 2025 lists 101 grants and $121,651 paid in grants.

See which foundations fund work like yours Matching by cause, place and grant size

Tax year 2025 (period ending Dec 31, 2025), read from the IRS e-file on Nov 11, 2026. Returns reach the IRS 5 to 18 months after the year they describe.

How to apply

Accepts applications

The return gives an application contact and rules, as below.

Contact
Liz Schlegel Executive Director
35 Crossroad
Waterbury, VT 05676
(802) 279-4695
[email protected]
Form and materials
Scholarship applications for the Alchemist Opportunity Fund scholarships from eligible students should use the form and follow the instructions posted on www.alchemistopportunityfund.org. Completed applications must include application form, transcript, financial information, and three references answering the questions detailed in the application form. The Ready Alchemist Foundation Awards are one-time grants made to graduating seniors who apply with information about their post-high school plan, and provide a recommendation from a teacher, friend or community member.Grants to nonprofit organizations are made throughout the year, and proposals are by invitation only. If you are an organization working in our target area with our focus population (young people ages 16-24) on our key areas of education, workforce development and expanding opportunity, we invite you to send us an email with more details about the work you are doing and your thoughts on how our missions may align.
Deadlines
Second friday in may for scholarships; rolling for grants
Restrictions
Only students from the high schools in our service area, including those who attend CTE (career and technical education) centers, are eligible to apply for scholarships. These high schools are Hazen Union High School, Harwood Union HS, Stowe HS, Peoples Academy, and Lamoille Union HS; CTE Centers include Green Mountain Technical & Career Center, Central Vermont Career Center, and others. Scholarships are need-based and targeted to students from moderate-income families; documentation of financial need is required. Scholarships are multi-year and are renewable each semester when a 2.5 GPA is met, and transcript and schedule for upcoming classes are provided. In general, no student receives more than $6,000 over four years.Only students from the schools listed above are eligible to apply for the one-time Ready Alchemist Foundation Awards. These awards are targeted specifically for students who are not planning to attend a post-secondary institution immediately after high school. Programm

Assets and giving by year

8 returns on file
Grants paid by tax year. The latest year is in blue.

  • Tax year 2025

    $121,651

    Grants listed
    101
    Assets, end of year
    $45,333

  • Tax year 2024

    $128,710

    Grants listed
    115
    Assets, end of year
    $65,024

  • Tax year 2023

    $115,781

    Grants listed
    97
    Assets, end of year
    $86,053

  • Tax year 2022

    $136,725

    Grants listed
    91
    Assets, end of year
    $66,813

  • Tax year 2021

    $124,414

    Grants listed
    75
    Assets, end of year
    $98,596

  • Tax year 2020

    $96,750

    Grants listed
    59
    Assets, end of year
    $69,000

  • Tax year 2019

    $115,155

    Grants listed
    81
    Assets, end of year
    $29,346

  • Tax year 2018

    $84,395

    Grants listed
    57
    Assets, end of year
    $101,795

Grants paid in 2025

101 grants, largest first

As listed on the return. Grants to individuals show as “Individual”, with purpose and amount only.

  1. United Way NWS Burlington, VT

    General purpose

    $10,500
  2. Individual

    Education initiatives

    $6,500
  3. Individual

    Scholarship

    $3,000
  4. Individual

    Education initiatives

    $3,000
  5. Pennsylvania State UniversityUniversity Park, PA

    Education initiatives

    $2,500
  6. Individual

    Scholarship

    $2,250
  7. Individual

    Scholarship

    $2,250
  8. Education Justice Coalition of VTSt Albans, VT

    Education initiatives

    $1,853
  9. Individual

    Scholarship

    $1,500
  10. Individual

    Scholarship

    $1,500
  11. Individual

    Scholarship

    $1,500
  12. Individual

    Scholarship

    $1,500
  13. Individual

    Scholarship

    $1,500
  14. Individual

    Scholarship

    $1,500
  15. Individual

    Scholarship

    $1,500
  16. Individual

    Scholarship

    $1,500
  17. Individual

    Scholarship

    $1,500
  18. Individual

    Scholarship

    $1,500
  19. Individual

    Scholarship

    $1,500
  20. Individual

    Scholarship

    $1,500
  21. Individual

    Scholarship

    $1,500
  22. Individual

    Scholarship

    $1,500
  23. Individual

    Scholarship

    $1,500
  24. Individual

    Scholarship

    $1,500
  25. Individual

    Scholarship

    $1,500
  26. Individual

    Scholarship

    $1,500
  27. Individual

    Scholarship

    $1,500
  28. Individual

    Scholarship

    $1,500
  29. Individual

    Scholarship

    $1,500
  30. Individual

    Scholarship

    $1,500
  31. Individual

    Scholarship

    $1,500
  32. Community College of VTWinooski, VT

    Education initiatives

    $1,500
  33. Individual

    General purpose

    $1,500
  34. Individual

    Scholarship

    $1,500
  35. Individual

    Scholarship

    $1,500
  36. Individual

    Scholarship

    $1,375
  37. Individual

    Scholarship

    $1,250
  38. Individual

    Scholarship

    $1,000
  39. Harwood Union High SchoolMoretown, VT

    Education initiatives

    $1,000
  40. Individual

    Scholarship

    $1,000
  41. Girls on the RunWilliston, VT

    General support

    $1,000
  42. Individual

    6th grade trip

    $1,000
  43. Individual

    Education initiatives

    $1,000
  44. Individual

    Sponsorship

    $1,000
  45. The CurrentStowe, VT

    Education initiatives

    $1,000
  46. VT Council on Rural Dev VCRDMontpelier, VT

    Education initiatives

    $1,000
  47. Hazen Union High SchoolHardwick, VT

    Education initiatives

    $1,000
  48. Individual

    Sponsorship

    $1,000
  49. Individual

    Education initiatives

    $1,000
  50. Town of Waterbury RecreationWaterbury, VT

    General purpose

    $1,000
  51. Individual

    Scholarship

    $1,000
  52. Individual

    Scholarship

    $1,000
  53. Hannah's HouseWaitsfield, VT

    General purpose

    $1,000
  54. Individual

    Scholarship

    $750
  55. Individual

    Scholarship

    $750
  56. Individual

    Scholarship

    $750
  57. Individual

    Scholarship

    $750
  58. Individual

    Scholarship

    $750
  59. Individual

    Scholarship

    $750
  60. Individual

    Scholarship

    $750
  61. Individual

    Scholarship

    $750
  62. Individual

    Scholarship

    $750
  63. Individual

    Scholarship

    $750
  64. Individual

    Scholarship

    $750
  65. Individual

    Scholarship

    $750
  66. Individual

    Scholarship

    $750
  67. Individual

    Scholarship

    $750
  68. Individual

    Scholarship

    $750
  69. Individual

    Scholarship

    $750
  70. Individual

    Scholarship

    $750
  71. Individual

    Scholarship

    $750
  72. Individual

    Scholarship

    $750
  73. Individual

    Scholarship

    $750
  74. Individual

    Scholarship

    $750
  75. Individual

    Scholarship

    $750
  76. Individual

    Scholarship

    $750
  77. Individual

    Scholarship

    $750
  78. Individual

    Scholarship

    $750
  79. Individual

    Scholarship

    $750
  80. Individual

    Scholarship

    $750
  81. Individual

    Scholarship

    $750
  82. Individual

    Sponsorship

    $723
  83. Individual

    Education initiatives

    $600
  84. Individual

    Sponsorship

    $500
  85. Individual

    Sponsorship

    $500
  86. Young Writers ProjectBurlington, VT

    Education initiatives

    $500
  87. Individual

    Scholarship

    $500
  88. Individual

    Scholarship

    $500
  89. Individual

    Scholarship

    $500
  90. Individual

    Scholarship

    $500
  91. Individual

    Scholarship

    $500
  92. Individual

    Scholarship

    $500
  93. Individual

    Scholarship

    $500
  94. Individual

    Scholarship

    $500
  95. Individual

    Scholarship

    $500
  96. Individual

    Scholarship

    $500
  97. Individual

    Scholarship

    $500
  98. Individual

    Scholarship

    $500
  99. Individual

    Education initiatives

    $350
  100. VT Folklife CenterBurlington, VT

    Sponsorship

    $250
  101. Montpelier High SchoolMontpelier, VT

    Education initiatives

    $250

Where the money goes

By cause: grants to organizations we matched to the IRS list of exempt organizations, by their category.

  1. Education1 grant $1,85343% of the total
  2. Arts and culture1 grant $1,00023% of the total
  3. Human services1 grant $1,00023% of the total
  4. Youth development1 grant $50011% of the total

By State

Grants to organizations with a US address, latest year.

  1. Vermont13 grants $21,853
  2. Pennsylvania1 grant $2,500

Officers, directors and trustees

8 people as filed

As filed on the return, with average hours per week and pay from the foundation.

  • Jennifer KimmichCHAIR Hours 5Pay $0
  • Shapleigh SmithVICE CHAIR Hours 1Pay $0
  • Thomas StevensSecretary Hours 1Pay $0
  • Cynthia DonlonDirector Hours 1Pay $0
  • Lynn VeraDirector Hours 1Pay $0
  • Elizabeth SchlegelExecutive Dir. Hours 40Pay $89,908
  • Ashli RobertsTreasurer Hours 1Pay $0
  • John KimmichDirector Hours 1Pay $0

The return

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